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Colombia Update

2 Oct 2012 11:55

RNS Number : 7131N
Red Rock Resources plc
02 October 2012
 



Red Rock Resources Plc

("Red Rock" or the "Company")

Colombia update

2 October 2012

Red Rock Resources plc, the mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia, advanced gold and copper exploration in Kenya, and interests in steel feed, uranium and rare earths, reports on progress on the planned sale of its Colombian mining interests.

Further to the Company's announcement of 17 July 2012, the due diligence stage has been completed during August and September, and the parties are in the process of negotiating to enter into a definitive agreement.

There can be no certainty that the parties will enter into a definitive contract nor guarantee of a successful outcome until execution of a definitive agreement by the parties.

The Company will make further announcements in due course.

Enquiries:

 

Andrew Bell

020 7099 5840 or

07766 474849

Red Rock Resources plc

Chairman

Sandra Spencer

020 7099 5840 or

07757 660 798

Red Rock Resources plc

Press Relations

Gerry Beaney/

Daniela Amihood

020 7383 5100

Grant Thornton

Corporate Finance

Nominated Adviser

Nick Emerson

01483 413500

Simple Investments Ltd

Broker

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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